PRIVATE MEMBERS ASSOCIATION (MF-PMA)

Interpretation, objects and purpose

1. Definitions

These definitions apply unless the context requires a different interpretation:

“Accounting Year” means the year beginning on 1st July, the date from which the accounts of the PMA will continue to be prepared.

“AGM” means the Annual General Meeting of the PMA.

“Committee” means the committee consists of Officers and Members to operate and manage the PMA.
“Confidential Information” means all information about the PMA and the Members but does not include information that it is reasonably necessary to disclose to a person in the usual course of dealing so far as that information is disclosed in those circumstances. It includes among other things: information about members, their personal contact information and businesses, PMA future plans and policies.
“EGM” means an Extraordinary General Meeting of the PMA and includes any meeting other than an AGM.

“Member” means any person who has been invited to and has active access to the MATRIXFREEDOM platform.

“Membership” means Membership of the PMA as set out in the Rules.

“Officer(s)” means the holder of any titled office of the PMA.

“Rules” means the rules of the PMA as set out in this constitution document as amended from time to time.

“Purpose” means to provide information and education on how to achieve living a financially abundant life.

“Solution/s” means a process or strategy that intends to provide financial abundance.

2. Name of the PMA

The name of the PMA is MATRIXFREEDOM – MATRIXFREEDOM is a division of MATRIXFREEDOM – PRIVATE MEMBERS ASSOCIATION, 124 City Road, London, EC1V 2NX – a member of the Light Energy Creations family. Our information platform provides education and are not intended as legal tax or financial advice. We do not provide any regulated services as defined in FSMA 2000.

3. Main Objectives and Purposes

The objectives of the PMA are:

To create an abundant financial life via Member's studying free information available via a member's private platform account and directing processes designed to correct status, operate as a creditor, recoup abandoned securities, acquire and hold assets in private trust and remedy wrongs.

To share knowledge and provide Member access to services and products via a marketplace of vendors.

Terms of Membership

4. Membership

Membership shall be open to any person over the age of majority in their country of residence who:

is interested in the purpose of the PMA or contributing in some way to its objects.

It is a condition of Membership that a Member shall always comply with the Rules of the PMA and promote the interests and objects of the PMA.

Any purpose provided by the PMA shall be managed as the Committee shall decide.

At any time when a Member uses the facilities provided by the PMA, in any capacity, they must comply with the Rules.

A Member cannot transfer Membership to any other person.

Any person may join the PMA by confirming that he will comply with these Rules supplemented by Non-Disclosure Agreement (“NDA”).

The Committee reserves the right to reject or accept the application for membership of the PMA at any time.

When engaging with MF-PMA or one of its affiliated companies the Member acknowledges that the Supplier will not provide the Member with any advisory service, will not provide any services that require a regulatory license, nor act as the Member's agent or on behalf of the Member as a principal.

5. Subscriptions

Membership is free.

Any fees for services from an affiliated administrative facilitation service provider are paid to the MF-PMA affiliated administrative facilitation service provider.

6. Default voting right

Unless otherwise specified in these Rules, Members who have proceeded with a process from an affiliated administrative facilitation service provider shall be entitled to cast one vote at any meeting of the Members.

7. Privileged of Ordinary Members

Each ordinary Member shall be entitled to all the rights and benefits as set out in these Rules or otherwise provided by the Committee.

8. Resignation, suspension and expulsion

A Member may resign from the PMA by informing the Secretary in writing, through the platform, of their intention to do so. Their resignation will take effect immediately.
The Committee has the power to:

Suspend (for a period not exceeding twelve months); or expel; any Member who infringes any of these Rules or whose conduct, (in the Committee’s opinion) is harmful to the good name of the PMA.

No Member shall be suspended or expelled without first being given the opportunity of being heard and to defend himself before the Committee.

A suspended member shall not be elected as an Officer nor be entitled to vote at any meeting.

9. Confidentiality

Each Paid Member agrees and undertakes that they will comply with the PMA’s NDA and confidentiality.

Management of the PMA

10. Appointment and Removal of Officers

The Officer Roles shall be:
  • Chairman – Iain-Clifford:Stamp
  • Vice-Chairman
  • Secretary

Except for the Chairman, each office holder shall be appointed and removed by a vote of the Committee ratified only by 75% of the Officers.

11. Management of PMA

The Committee shall manage the PMA.

The Committee may appoint any number of members, including all of the officers.

The initial members of the Committee and their principal duties will be:

  • The Chairman will be responsible for the strategic direction of the PMA, the chairing of all meetings.
  • The Vice-Chairman will be only responsible for chairing meetings in the absence of the Chairman.
  • The Secretary will be only responsible for memberships and minutes of meetings.

12. Committee to take decisions collectively

The general rule about decision-making by the Committee is that any decision of the Committee must be a majority decision at a meeting.

A decision may not be taken in accordance with this rule if the eligible members would not have formed a quorum at such a meeting.

A decision of the Committee on any of the following matters must be ratified by a vote of at least 75 % of the Members in general meeting to:

  • Change the Rules of the PMA;
  • Change the constitution of the PMA;
  • Dissolve the PMA.

13. Quorum for Committee meetings

The quorum for Committee meetings may be fixed from time to time by a decision of the Committee, but it must never be fewer than three.

If the total number of members, for the time being, is less than the quorum required, the Committee must not take any decision other than a decision to adjourn the meeting.

14. Power of Committee and Officers

The Committees’ and Officers’ powers shall include, but not be limited to:

An EGM may be convened by the PMA Officers only by 75% vote ratified by the Officers on behalf of the Committee.

Filling any vacancy on the Committee from among Members until the next AGM or EGM;

Appointing such sub-committees as they believe necessary. Any sub-committee so appointed shall be accountable to the Committee.

Employing or contracting with staff to carry out activities of the PMA;

Opening and operating a bank account in the name of or on behalf of the PMA;

Managing the financial affairs of the PMA;

Making arrangements to provide facilities;

Taking any action to promote the objectives and purposes of the PMA.

15. Committee may delegate

Subject to the Rules, the Committee may delegate matters to any person or sub-committee, as they decide:

By whatever means

To whatever extent

On whatever terms they think fit

If the Committee so specifies, any such delegation may authorise the further delegation of the Committee’s powers by any person to whom they are delegated.

The Committee may revoke any delegation in whole or part or alter its terms and conditions.

16. Committee’s expenses

The PMA may (but is not compelled to) reimburse a Committee member for payments reasonably made by them in the course of discharging their responsibilities to the PMA.

Decision making by Members

17. Annual General Meeting

The AGM of the PMA shall be held in December each year for the purpose of:

Receiving the reports of the Committee and any sub-committees in relation to the PMA activities;
Each Member shall be entitled to receive 30 days’ notice of an AGM.

The notice shall state the date, time and place of the meeting, and proposals to resolve the matters set out in this rule.

A Member may raise any matter at the AGM, provided that he has given 30 days’ notice to the Committee to that effect.

18. Extraordinary General Meetings

An EGM shall be convened by the Committee within 1 day of receipt by it of a direction by 75% of the Officers.

No EGM shall take place without giving notice of the meeting to the Members.

The notice shall state the date, purpose and time of the meeting.

All meetings shall be conducted by video conference.

19. Quorum at Meetings

The quorum for an AGM or an EGM may be fixed from time to time by the Committee.

20. Voting at Meetings

In the event of equality of votes for and against a matter, the chairman shall have a casting vote.

A vote shall be carried by a simple majority of those attending and entitled to vote.

Services at the PMA

21. PMA information platforms

The PMA platforms shall be accessible to members only.

The PMA platforms shall be open 24 hours a day except for such times as it considers necessary for upkeep and maintenance.

22. PMA Introductions

Upon member’s instruction, the PMA shall introduce members to an affiliated administrative facilitation service provider to facilitate their process.

23. Finance

The Accounting Year of the PMA shall be from 1st July of each year.

The PMA shall open a bank account in the name of the PMA, if required.

Any money received shall be deposited in the PMA bank account.

Every cheque drawn or other payment made from the PMA bank account shall be authorised by the Chairman or any other person as may be authorised by the Committee.

Administrative Matters

24. Dissolution

The PMA may be dissolved by a resolution passed by no less than 75% of Committee Members present and voting at an EGM convened for that purpose.

If the Members vote to dissolve the PMA, any surplus funds on the winding-up shall be distributed equally among the Members at the date of the vote to dissolve.

25. Member Obligations

  1. To promote the best interests of the PMA.
  2. Complete a Fact Find within the information platform, detailing the Member’s circumstances.
  3. Where appropriate, to refer other suitable members to the PMA.
  4. To comply with the NDA and PMA rules.
  5. To inform the PMA if they are approached to provide information to any regulatory body.
  6. To direct any questions or observations relating to the direction or strategy of the PMA via the“ Questions with Iain” proforma on the information platform.
  7. To direct any questions relating to Member individual processes to the affiliated administrative facilitation service provider At all times be responsible for the substance, meaning and effect of any document howsoever created irrespective of if the document is an original or a template, if engaging with or instructing an administrative service of MF-PMA or one of its affiliated companies.

26. Breach of the rules

If any Member commits any material breach of their obligations under these Rules and fails to remedy the breach (if capable of remedy) within 30 days after being given

Notice in writing so to do by the Committee, then that Member shall be expelled from the PMA.

Any notice given to a Member in breach shall be without prejudice to any other claim or action against the defaulting Member.

Take part in the spread of any negative information related to the PMA.

Accessing information while working for any regulatory body without disclosure of the Member’s employment status to the PMA.

27. Miscellaneous matters

Each Member undertakes to provide to the PMA their current land address, e-mail address, and telephone number as often as they are changed together with all information that may be required to communicate with them.

PMA privacy policy is strong and precise. It complies fully with the Data Protection Act 2018 which is at Privacy policy

Any communication to be served on the PMA or to the Members shall be delivered by electronic means (email, SMS etc). It shall be deemed to have been delivered, unless rejected.

Any affiliated administrative facilitation service provider or nominated fiduciaries or facilitators providing services to MF-PMA Members are also members of MF-PMA.

MF-PMA is a Private Members Association MF-PMA does not need any authority or permission from any government for its creation or for it to continue to exist and function.

MF-PMA was created by and exists upon the contracting authority and power the members reserve.

MF-PMA members are free to exchange services or information on any topic they choose. They can speak or write about, listen to, or read any information, use, or obtain any information, product, or service on any terms agreeable to any member who chooses to provide that information, product, or service within the private membership association.

MF-PMA is under no general lawful/legal obligation to recognise any statutory title of public competency, education, or training (licensed persons/experts).

Public Law, Regulations, and internal Rules of administrative agencies that regulate the public do not reach MF-PMA because they would impair, impede, obstruct or defeat MF-PMA members’ ability to discuss, hear, read or speak about, print, obtain and use things which may be prohibited to be disclosed to or used by the public unless MF-PMA commits a nefarious act, which means some form of human rights violation or evil act against another human or in the wording of the courts “creates a clear and present danger of a substantial evil”. Anything less is protected and stays within the private domain.

MF-PMA falls outside the jurisdiction of Public Law, Regulations and internal Rules of administrative agencies, including The Financial Conduct Authority (FCA) and the Solicitors Regulatory Agency (SRA).

In any case where any part or provision of these Rules is held to be unlawful, void or unenforceable, then that part or provision shall be deemed to be removed from the Rules so as to leave valid and enforceable the remainder of the Rules.